Tax Relief/Job Creation Act of 2010

President Obama signed a multi-billion dollar tax cut package the Tax Relief, Unemployment Insurance, Reauthorization and Job Creation Act of 2010 (2010 Tax Relief Act) (P.L. 111-312) on December 17, 2010.  The 2010 Tax Relief Act extends the Bush-era individual and capital gains/dividend tax cuts for all taxpayers for two years.  The bill also provides a 2% payroll tax cut, 100% Bonus Depreciation and a host of Business extenders.

Here is a useful guide to see a side-by-side comparison of the changes of  The 2010 Relief Act.  The comparsions are shown in 2 parts and can be found on the links below. 

TRUIRJCAct2010Pt1.pdf 

TRUIRJCAct2010Pt2.pdf